Never Underestimate the Corruption/Vengeance on Wall Street

If you spent nearly four decades in any profession there’s a great chance you’ve “seen it all.”

And, even if you’ve seen it all, you’ll likely see certain events repeat themselves every decade or so.

Unfortunately (or NOT) most people have short memories and tend to forget how things have a way of repeating themselves.

This is especially true when it comes to Corruption and Vengeance on Wall Street.

The classic example of this was what happened when Long Term Capital Management (LTCM) had to receive a $3.6 Billion bail-out from the largest banks on Wall Street in late September of 1998.

Why?

The boyz in the “Club” were also facing bankruptcy with LTCM because they had huge positions in them.

So, they all decided to pool their money and cough-up the big bucks.

All but two.

Wanna take a guess as to which two?

Bear Stearns and Salomon Brothers.

Wall Street has a long history of killing its competition and they’re very patient in doing so.

Roll the clock forward to February 2008 where Bear Stearns stock price mysteriously took a “nose bleed” drop and had to be “rescued” by JPMorgan Chase for 10 cents on the dollar.

The short version of this story is that Bear Stearns was assassinated. (payback from the “Club” members)

Ironically (or NOT) in late September 2008 – almost exactly ten years to the date – Salomon Brothers was mysteriously NOT bailed out with all of the other boyz in the “Club” with the $700 Billion TARP fund.

James Bond couldn’t have scripted a better assassination than Salomon Brothers.

My point is, here we are a decade later and every major bank’s distrust for other banks is higher than ever.

So, who’s going down next?  (Cough! Deutsche Bank, Cough! Hairball Cough!)

Whoever it is, the contagion from it will bring down the banking sector starting in 2020, The Year of Chaos.

Find out how to protect yourself AND PROFIT in the upcoming Turbulent Times.